Comparison CMC Markets vs Trading 212
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare CMC Markets vs Trading 212. Which of them: CMC Markets or Trading 212 a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of CMC Markets on regular transactions of the stock exchange is 0.08% commission, and Trading 212 has a commission fee of 0. For trading in Forex, the commission fee of CMC Markets is from 0.7 pips, while the commission fee of Trading 212 is 0.8 average spread for EUR/USD. We can also analyze commission fees for trading CFD: they are 0.08% commission in CMC Markets vs fees built into spreads in Trading 212. The full online broker reviews contains more detailed information on the brokers’ commission fees.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are CMC Markets provides customers with Stocks Trading, ETFs Trading, Forex Trading, and Trading 212 provides customers with Stocks Trading, ETFs Trading, Forex Trading. Concerning the platforms, CMC Markets uses Web Platform, Android App, iOS App, while Trading 212 uses Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. CMC Markets was founded in 1987 in United Kingdom, and it is regulated by FCA, ASIC, CFTC. And Trading 212 was founded in 2004 in Bulgaria, and it is regulated by FCA, FSC. Withdrawal of funds from CMC Markets can be done using Bank Wire with a withdrawal fee of free. And Trading 212 provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of 0. The time for withdrawal in CMC Markets is 1 - 2 business days, and that one in Trading 212 is 0-5 days.
As a result, the rating of CMC Markets is 4.8 stars versus that of Trading 212 of 4.3 stars.